Norwegian crew support well-being of frontline UK hospital staff during COVID-19 outbreak
Airline Crew from across the industry have come together to form Project Wingman to support the well-being of frontline NHS staff during the COVID-19 outbreak.
Norwegian Air Shuttle ASA (NAS) - Notice of extraordinary general meeting
Norwegian Air Shuttle ASA (NAS) – Norwegian aims to strengthen its balance sheet by converting debt to equity to meet the requirements of the Norwegian state guarantee program and create a sustainable platform taking into account current shareholders and creditors alike.
Norwegian March traffic figures heavily influenced by COVID-19 measures
The global outbreak of COVID-19 that took hold across the aviation industry throughout March has heavily influenced Norwegian´s traffic figures. The company experienced a dramatic drop in demand following government-imposed travel restrictions and a general travel decline.
Norwegian fulfils criteria for initial NOK 300 million in guarantee from the Norwegian Government
Norwegian is pleased to announce that two Nordic banks have obtained credit committee approval to provide a guarantee for the required 10 percent for the first tranche of NOK 300 million. Norwegian will secure the necessary headroom to pursue further guarantees from the Norwegian Government.
Norwegian to cancel 85 percent of its flights and temporarily layoff approximately 7,300 colleagues
The COVID-19 situation is escalating by the hour and due to stagnating demand and enforced travel restrictions by authorities worldwide, Norwegian will gradually cancel most of its flights and temporarily lay off a major share of its workforce.
Corona crisis: Norwegian positive to the government’s tax cut – further measures with immediate liquidity effect are crucial
The company is continuously working to reduce costs even further. However, the corona crisis has now led to the need of powerful and extraordinary measures from the government.
Norwegian to suspend more than 4000 flights and implement layoffs
Following the U.S. ban on travel from most of Europe and the escalating coronavirus situation, Norwegian has decided to ground 40 percent of its long-haul fleet and cancel up to 25 percent of its short-haul flights until the end of May. The changes apply to the company’s entire route network.
Norwegian to cancel approximately 3000 flights and implement temporary layoffs due to the effects of COVID-19
Due to the COVID-19 situation, Norwegian is preparing to cancel approximately 3000 flights between mid-March and mid-June. This represents approximately 15 percent of the total capacity for this period. The company has also put several other measures in place, including temporary layoffs of a significant share of its workforce.
Norwegian reports higher unit revenue and improved punctuality in February
Norwegian’s traffic figures for February show that the company continues to deliver on its strategy of moving from growth to profitability, with significant improvements in unit revenue and a better punctuality. Due to the COVID-19 virus Norwegian currently experiences reduced demand on some routes and have decided to cancel 22 flights between Europe and the U.S.
Norwegian Ranked Largest Foreign Airline in New York City for 2019
Norwegian has maintained its leadership position as the largest foreign airline in New York City for 2019, after surpassing Air Canada in February 2019, according to the Port Authority of New York and New Jersey’s (PANYNJ) year-end traffic statistics. For full-year 2019, Norwegian handled 2,057,284 customers in New York City.
Norwegian doubles 2019 underlying operating result before ownership costs and achieves cost-reduction target
Norwegian today reported its full year and fourth quarter 2019 results. Year on year, unit revenue increased in nine consecutive months, driven by maturing routes and the optimisation of Norwegian's global route network. The punctuality has improved considerably during the past six quarters, and in the fourth quarter 2019 it was up 3.1 percentage points to 82.6 percent.
Norwegian continues to reduce emissions with upgraded technology – up to 200,000 tons per year
Norwegian continues to reduce emissions with new technology and new aircraft. The upgraded weather service provided by AVTECH Sweden AB, can reduce CO2 emissions by an additional 10,000 – 15,000 tons per year. In the past few years.
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